Comparison of the Efficiency of Maturity Transformation between German and the Czech Banks
| Autoři | |
|---|---|
| Rok publikování | 2014 |
| Druh | Článek ve sborníku |
| Konference | Proceedings of the 8th International Conference on Currency, Banking and International Finance,"The Role of Financial Sector in Supporting the Economic Recovery of CEE Countries" |
| Fakulta / Pracoviště MU | |
| Citace | |
| Obor | Ekonomie |
| Klíčová slova | Maturity transformation; VaR; historical simulation |
| Popis | Maturity transformation is a central strategy for banks to generate additional earnings. As long as the short-term yields are lower than the long-term yields, the transformation of short-term liabilities into long-term assets makes sense. But does this work in every situation? This paper extends previous findings of the authors according to maturity transformation in the Czech Republic (Reuse and Svoboda, 2014) and introduces the following contribution to existing literature: The comparison between the Czech Republic and Germany, using the longest common period available: 2000-05 to 2014-01. |
| Související projekty: |